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Blk 553 Hougang Street 51

553 Hougang Street 51 is an HDB block in Hougang. It comprises 4 room and 5 room units with the highest floor being 12. The block was completed in 1989 and the lease with HDB commenced in the year 1989. This leaves a remaining lease period of approximately 71 years 05 months.

Based on past transactions data, the unit floor size are 104 and 121sqm. The latest resale transaction was in Oct 2024 and the highest transacted price was recorded in May 2024 for a 5 room unit at $650,000.

In terms of accessibility to schools, there are several primary schools located within 1km of 553, including Punggol Primary School, Palm View Primary School and Yio Chu Kang Primary School.

For secondary education, the nearby schools include Montfort Secondary School, Hougang Secondary School and North Vista Secondary School.

Public transportation is also convenient, with several MRT stations close to 553, including Buangkok MRT Station (NE15) and Hougang MRT Station (NE14). There are also 7 bus stops within walking distance of this block.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
4 room $500,000 $533,472 $600,000 4
5 room $588,000 $613,555 $650,000 7

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
4 room $2,900 $2,900 $2,900 2
5 room $2,200 $2,858 $3,500 6

Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 553 Hougang Street 51.

  • 4 room sales : Stable or no visible trend
  • 5 room sales : Stable or no visible trend
Resale transactions trend
  • 4 room price : Trending up
  • 5 room price : Trending up
Average resale price trend

There were a total of 11 resale transactions in the last 3 years for units in block 553 Hougang Street 51, with the latest one recorded in Oct 2024.

1111
Date Resale PSM Type Location Floor Fl. Area Model Built
Oct 2024 $600,000 $5,769 4 Room Blk 553 Hougang Street 51 4 Room / 104 sqm 10 to 12 104 sqm Model A 1989
Jun 2024 $633,888 $5,239 5 Room Blk 553 Hougang Street 51 5 Room / 121 sqm 04 to 06 121 sqm Improved 1989
May 2024 $650,000 $5,372 5 Room Blk 553 Hougang Street 51 5 Room / 121 sqm 04 to 06 121 sqm Improved 1989
Feb 2024 $523,888 $5,037 4 Room Blk 553 Hougang Street 51 4 Room / 104 sqm 01 to 03 104 sqm Model A 1989
Aug 2023 $598,000 $4,942 5 Room Blk 553 Hougang Street 51 5 Room / 121 sqm 01 to 03 121 sqm Improved 1989
Jun 2023 $625,000 $5,165 5 Room Blk 553 Hougang Street 51 5 Room / 121 sqm 07 to 09 121 sqm Improved 1989
May 2023 $500,000 $4,808 4 Room Blk 553 Hougang Street 51 4 Room / 104 sqm 04 to 06 104 sqm Model A 1989
May 2023 $605,000 $5,000 5 Room Blk 553 Hougang Street 51 5 Room / 121 sqm 01 to 03 121 sqm Improved 1989
Dec 2022 $595,000 $4,917 5 Room Blk 553 Hougang Street 51 5 Room / 121 sqm 01 to 03 121 sqm Improved 1989
Sep 2022 $510,000 $4,904 4 Room Blk 553 Hougang Street 51 4 Room / 104 sqm 10 to 12 104 sqm Model A 1989
Jul 2022 $588,000 $4,860 5 Room Blk 553 Hougang Street 51 5 Room / 121 sqm 07 to 09 121 sqm Improved 1989

Here's a summary of the rental transactions and price trends for the 4 room and 5 room units at 553 Hougang Street 51.

  • 4 room rental : Stable trend
  • 5 room rental : Stable trend
Rental transactions trend
  • 4 room rental price : Stable trend
  • 5 room rental price : Trending up
Average rental price trend

There were a total of 8 rental transactions in the last 3 years for units in block 553 Hougang Street 51. The latest recorded one was in May 2024.

118
Date Rental Flat Type Location Town
May 2024 $3,500 5 Room Blk 553 Hougang Street 51 5 Room Hougang
Dec 2023 $2,900 4 Room Blk 553 Hougang Street 51 4 Room Hougang
Nov 2023 $3,500 5 Room Blk 553 Hougang Street 51 5 Room Hougang
Jul 2023 $3,300 5 Room Blk 553 Hougang Street 51 5 Room Hougang
Mar 2023 $2,400 5 Room Blk 553 Hougang Street 51 5 Room Hougang
Jul 2022 $2,250 5 Room Blk 553 Hougang Street 51 5 Room Hougang
May 2022 $2,200 5 Room Blk 553 Hougang Street 51 5 Room Hougang
Dec 2021 $2,900 4 Room Blk 553 Hougang Street 51 4 Room Hougang
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553 Hougang Street 51

Block : 553
Street : Hougang Street 51
Building :
Postal code : 530553
Town : Hougang
Recorded transactions floor area : 104 sqm, 121 sqm
Recorded transactions flat types : 4 Room, 5 Room
Recorded transactions flat models : Model A, Improved
Lease commencement : 1989
Year completed : 1989
Max. Floor : 12
Residential? : Y
Commercial? : Y
Market or hawker centre? : N
Multi-storey carpark? : N
Precinct or pavilion? : N
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